The report titled “Herbs, Spices & Seasonings (Seasonings, Dressings & Sauces) Market in South America-Outlook to 2021: Market Size, Growth and Forecast Analytics”, provides a comprehensive analysis herbs, spices and seasonings market in South America, consumers convenience towards easy-to-prepare foods, herbs and spices awareness, demand for natural herbs, spices and seasonings, increasing prices of the herbs, future of herbs, spices and seasonings market in South America.
Industry Overview: Herbs are the dried leaves of plants or the green parts of plants used for flavouring and in medicines and perfumes. The most common herbs are basil, bay leaves, coriander, mint, and curry leaves. Spices are dried fruits, seeds, barks, or roots incorporated in foods to give flavour, aroma, and colour. A variety of spices are available in both ground and whole form, and each spice gives a unique flavour to the food. Few common spices are black pepper, cinnamon, cumin seeds, turmeric, nutmeg, cloves, ginger, chili powder, vegeta, and garlic. Seasoning is a process of adding salt, pepper, spices, and herbs during food preparation to enhance taste and flavour. Majority of the spices and herbs possess varied medicinal properties and are in use from the ancient times to heal wounds and any health problems when there was no medicine. The use of spices and seasonings is now an integral part of food preparation. Consumers are trying to use newer varieties of spices, herbs, and spice mixes to experiment with taste and cuisines.
South America is a region with huge natural assortment of herbs and spices cultivation. Majority of the consumers lack awareness about the utilities of lesser known spice and herb extracts. However, the demand for the herbs and spices has led to a strong market for spice and herb extracts in South America. North America is the trade destinations for spice and herb extracts from South America. Now-a-days, consumers are aware about organic products and health awareness has led to demand for natural herbs and spices that are used in many convenience foods. Doehler, is a leading company in South America that focuses on natural herb and spice extracts. Almost, all the natural herb and spice extracts are used in every segment of the food and beverage industry. This trend offers scope for new and attractive taste creations in various foods.
Organic or Natural Herbs, Spices and Seasonings in South America: Organic or natural spices include hot pepper, vanilla, ginger, cinnamon, and black pepper. Few spice and herb extracts such as chilli and pepper are exported from other regions. Organic spices are used as flavouring agents in various cuisines to provide flavour and taste and medicinal properties. Manufacturers are incorporating latest technologies such as steam treatment to maintain quality, food safety, and organic standards for herbs, spices and seasonings. This trend helps manufacturers to sustain competitive environment within the market. The country’s slowed economic conditions, and consumers’ health awareness about organic foods had a positive effect in the growth of the organic spices market.
Leading Players: The leading players in South America’s herbs, spices and seasonings market are Alkaloids Corporation, Bio-gen Extracts Pvt. Ltd., Cosmark Pty Ltd., Döhler GmbH, Ecuadorian Rainforest, LLC., Firmenich, Indena S.p.A., Lehmann&Voss&Co., Nantong Sihai Plant Extracts Co., Ltd., Naturex SA, Network Nutrition Pty Limited, Nutra Green Biotechnology Co.,Ltd, Organic Herb Inc, Plantextrakt GmbH & Co. KG, Sigma-Aldrich Corporation, Synthite Industries Ltd. and The Herbal
Extract Company of Australia. The major distribution channel for herbs, spices and seasonings in South America are hypermarkets, supermarkets, convenience stores, department stores, dollar stores, E-retailers, other general retailers.
Future of Herbs, Spices and Seasonings Market in South America: Despite a positive growth in the herbs and spices market in South America, there are few constraints that hinder the growth of the herbs, spices and seasonings market. The major factors affecting the market are inefficient processing techniques are leading to low-yields and poor quality products, adulteration, lack of awareness in the global market for locally grown herbs and spices, and availability of substitute products. Herbs, spices and seasonings market in South America has registered a negative growth in the recent years. It was observed that there would be a marginal growth in South America’s herbs, spices and seasonings market in the next few years. However, the demand for organic herbs, spices, dressing sauces and seasonings in South America will boost the growth in the market due to increasing awareness of the medical benefits of herbs and spices, increasing population, increase in traditional foods, new flavours in spice mixes, numerous distribution channels and brands which may drive the market growth over the coming years.
Key Topics Covered in the Report:
South America Herbs, Spices and Seasonings Market Report
South America Herbs, Spices and Seasonings Market Analysis
South America Herbs, Spices and Seasonings Market Outlook
South America Herbs, Spices and Seasonings Variants Market
South America Herbs, Spices and Seasonings Variants Market Report
South America Herbs, Spices and Seasonings Variants Market Analysis
South America Herbs, Spices and Seasonings Variants Market Outlook
South America Herbs, Spices and Seasonings Market Growth
South America Dried Herbs Market Report
South America Dried Herbs Market Analysis
South America Dried Herbs Market Outlook
South America Spice Mixes Market Report
South America Spice Mixes Market Analysis
South America Spice Mixes Market Outlook
South America Herbs, Spices and Seasonings Market Value by Brands
South America Herbs, Spices and Seasonings Market by Distribution Channel
Argentina South America Herbs, Spices and Seasonings Market
Brazil South America Herbs, Spices and Seasonings Market
Chile South America Herbs, Spices and Seasonings Market
Colombia South America Herbs, Spices and Seasonings Market
Peru South America Herbs, Spices and Seasonings Market
To know more, click on the link below:
Ankur Gupta, Head Marketing & Communications